Renewal of registration
- Subject to exceptions approved by the Dean, on the recommendation of the head of department, and in the case of distance education where the Dean formulates the stipulations that will apply, a student may not sit for an examination for the honours degree more than twice in the same module.
- A student for an honours degree must complete his or her study, in the case of full-time students, within two years and, in the case of after-hours students, within three years of first registering for the degree and, in the case of distance education students, within the period stipulated by the Dean. Under special circumstances, the Dean, on the recommendation of the head of department, may give approval for a limited extension of this period.
In calculating marks, General Regulation G.12.2 applies.
Apart from the prescribed coursework, a research project is an integral part of the study.
(i) A relevant bachelor’s degree with Mathematical Statistics and Actuarial Science at 300 level.
(ii) An average of 60% for all modules at third-year level.
(iii) Exemption recommendations for at least five of the A100- and A200-level subjects of the Actuarial Society of South Africa.
(iv) IAS 361 Insurance and actuarial applications and IAS 353 Contingencies.
(v) Students from other accredited institutions must comply with the same requirements based on equivalent modules at their institutions. In addition, students from other accredited institutions might also be required to pass an entrance evaluation.
(vi) Student numbers are limited. Selection is based on performance in the prior degree, on condition that the minimum requirements are met as set out in (i) to (iv) above.
(vii) Historical performance during prior studies will also be considered in selecting students. Specific attention will be given to modules repeated and duration of study.
(viii) Any additional entrance requirements as specified by the head of department in consultation with the departmental postgraduate selection committee.
Other programme-specific information
To qualify for this degree, the candidate must successfully complete a total of at least 135 credits, made up from modules from the curriculum in collaboration with, and subject to, the approval of the Head of the Department of Insurance and Actuarial Science.
Promotion to next study year
The progress of all honours candidates is monitored biannually by the head of department. A candidate’s study may be terminated if the progress is unsatisfactory or if the candidate is unable to finish his/her studies during the prescribed period.
Pass with distinction
The BScHons degree is awarded with distinction to a candidate who obtains a weighted average of at least 75% in all the prescribed modules and a minimum of 65% in any one module.